Crestwood Advisors Group LLC Has $2.72 Million Stock Position in Veralto Corporation $VLTO

Crestwood Advisors Group LLC lowered its position in Veralto Corporation (NYSE:VLTO) by 18.7% during the 4th quarter, Holdings Channel reports. The fund owned 27,220 shares of the company’s stock after selling 6,246 shares during the period. Crestwood Advisors Group LLC’s holdings in Veralto were worth $2,716,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto during the fourth quarter worth approximately $25,000. Root Financial Partners LLC acquired a new stake in Veralto in the 3rd quarter valued at $27,000. Goodman Advisory Group LLC bought a new stake in Veralto during the 3rd quarter valued at $29,000. Board of the Pension Protection Fund bought a new stake in Veralto during the 4th quarter valued at $30,000. Finally, Creative Capital Management Investments LLC raised its holdings in Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on VLTO shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Robert W. Baird set a $103.00 target price on shares of Veralto in a report on Thursday, April 30th. UBS Group lifted their price target on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Stifel Nicolaus decreased their price objective on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Barclays lowered their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $105.88.

Veralto Stock Down 2.1%

VLTO opened at $86.89 on Friday. Veralto Corporation has a fifty-two week low of $84.99 and a fifty-two week high of $110.11. The firm has a market capitalization of $21.34 billion, a P/E ratio of 22.45, a PEG ratio of 2.50 and a beta of 0.77. The company’s 50-day moving average is $90.25 and its 200 day moving average is $96.12. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32.

Veralto (NYSE:VLTO) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the firm posted $0.95 EPS. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Research analysts expect that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, March 31st. Veralto’s dividend payout ratio (DPR) is presently 13.44%.

Veralto Profile

Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemical reagents, services, and digital solutions.